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Remarkable Resale with James Reinhart, CEO & co-founder, ThredUp

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Manage episode 420672575 series 3266527
Content provided by Michael LeBlanc and Steve Dennis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael LeBlanc and Steve Dennis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Our special guest this week is James Reinhart the pioneering CEO of ThredUp, the fast-growing online consignment and thrift store. We learn about James' fascinating journey from teacher to entrepreneur and how his passion drives one of the most successful purpose-driven retail brands. We go deep on the drivers of the re-commerce market, how ThredUp differentiates itself, and the implications of a shift from hyper-growth to more sustainable profitability. We also unpack ThredUp's insight packed annual "Resale Report."

As usual, we kick things off with the most important retail news, dissecting Shein's "charm offensive" and how Hims & Hers is exploiting a loophole to pursue GLP-1 market opportunities. Then it's on to the most interesting earnings reports from last week, which include another weak quarter from Target, very strong progress at Marks & Spencer, a bit of preliminary optimism on Macy's new strategy, and yet another solid quarter from TJX.

About James

James Reinhart is the CEO and cofounder of ThredUp, one of the largest online resale platforms for apparel, shoes, and accessories. ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp is changing the way people shop and ushering in a more sustainable future for fashion. James’ passion for circularity and the role that education plays in our communities is what drives his vision of reducing the fashion industry’s negative impact on the planet. These values are reflected in his work prior to ThredUp, in which he helped develop one of the nation’s premier public schools, Pacific Collegiate School. James is a graduate of the Harvard Business School and the Harvard Kennedy School where he earned a joint degree in public policy and business. In his free time, he is an avid golfer, cyclist, and whiskey drinker (just not all at the same time). While a proud New Jersey native and diehard Bruce Springsteen fan, he lives with his wife Michele and three children in Oakland, CA.

About Us

Steve Dennis is a strategic advisor, board member, and keynote speaker focused on strategic growth and transformation and the impact of digital disruption. He is the author of two bestselling books: Remarkable Retail: How To Win & Keep Customers in the Age of Disruption and the all new Leaders Leap: Transforming Your Company at the Speed of Disruption , now available for purchase in hardcover, as an e-book, or exclusively as an audiobook on Audible. Steve regularly shares his insights in his role as a Forbes senior contributor and on social media.

Don't forget to join Steve's new Linked Group for his new book.

Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and media entrepreneur. He has been on the front lines of retail industry change for his entire career. He has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada’s Retail Secure conference with leaders from The Gap and Kroger talking about violence in retail stores, keynotes on the state & future of retail in Orlando and Halifax, and at the 2023 Canadian GroceryConnex conference, hosting the CEOs of Walmart Canada, Longo's and Save-On-Foods Canada. Michael brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.

Michael also produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in North America, Remarkable Retail,

Canada's top retail industry podcast; the Voice of Retail; Canada's top food industry and the top Canadian-produced management independent podcasts in the country, The Food Professor, with Dr. Sylvain Charlebois.

Rethink Retail has recognized Michael as one of the top global retail influencers for the fourth year in a row, Coresight Research has named Michael a Retail AI Influencer, and you can tune into Michael’s cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.

Available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state of the retail industry in Canada and the U.S., and the future of retail.

  continue reading

203 episodes

Artwork
iconShare
 
Manage episode 420672575 series 3266527
Content provided by Michael LeBlanc and Steve Dennis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael LeBlanc and Steve Dennis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Our special guest this week is James Reinhart the pioneering CEO of ThredUp, the fast-growing online consignment and thrift store. We learn about James' fascinating journey from teacher to entrepreneur and how his passion drives one of the most successful purpose-driven retail brands. We go deep on the drivers of the re-commerce market, how ThredUp differentiates itself, and the implications of a shift from hyper-growth to more sustainable profitability. We also unpack ThredUp's insight packed annual "Resale Report."

As usual, we kick things off with the most important retail news, dissecting Shein's "charm offensive" and how Hims & Hers is exploiting a loophole to pursue GLP-1 market opportunities. Then it's on to the most interesting earnings reports from last week, which include another weak quarter from Target, very strong progress at Marks & Spencer, a bit of preliminary optimism on Macy's new strategy, and yet another solid quarter from TJX.

About James

James Reinhart is the CEO and cofounder of ThredUp, one of the largest online resale platforms for apparel, shoes, and accessories. ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp is changing the way people shop and ushering in a more sustainable future for fashion. James’ passion for circularity and the role that education plays in our communities is what drives his vision of reducing the fashion industry’s negative impact on the planet. These values are reflected in his work prior to ThredUp, in which he helped develop one of the nation’s premier public schools, Pacific Collegiate School. James is a graduate of the Harvard Business School and the Harvard Kennedy School where he earned a joint degree in public policy and business. In his free time, he is an avid golfer, cyclist, and whiskey drinker (just not all at the same time). While a proud New Jersey native and diehard Bruce Springsteen fan, he lives with his wife Michele and three children in Oakland, CA.

About Us

Steve Dennis is a strategic advisor, board member, and keynote speaker focused on strategic growth and transformation and the impact of digital disruption. He is the author of two bestselling books: Remarkable Retail: How To Win & Keep Customers in the Age of Disruption and the all new Leaders Leap: Transforming Your Company at the Speed of Disruption , now available for purchase in hardcover, as an e-book, or exclusively as an audiobook on Audible. Steve regularly shares his insights in his role as a Forbes senior contributor and on social media.

Don't forget to join Steve's new Linked Group for his new book.

Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and media entrepreneur. He has been on the front lines of retail industry change for his entire career. He has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada’s Retail Secure conference with leaders from The Gap and Kroger talking about violence in retail stores, keynotes on the state & future of retail in Orlando and Halifax, and at the 2023 Canadian GroceryConnex conference, hosting the CEOs of Walmart Canada, Longo's and Save-On-Foods Canada. Michael brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.

Michael also produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in North America, Remarkable Retail,

Canada's top retail industry podcast; the Voice of Retail; Canada's top food industry and the top Canadian-produced management independent podcasts in the country, The Food Professor, with Dr. Sylvain Charlebois.

Rethink Retail has recognized Michael as one of the top global retail influencers for the fourth year in a row, Coresight Research has named Michael a Retail AI Influencer, and you can tune into Michael’s cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.

Available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state of the retail industry in Canada and the U.S., and the future of retail.

  continue reading

203 episodes

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